Britain has extended its job retention scheme by four months, but told employers they would have to help meet its huge cost from August. That could mean layoffs are likely as some firms won't be able to afford to pay.
Facebook will spend $5.7 billion to take just under 10% of Reliance Industries' digital unit, seeking to roll out services for small businesses by capitalising upon WhatsApp's already extensive reach within India.
The owner of Vans and Timberland announced on Tuesday that it now expects its full-year revenues to total between $11.3 billion and $11.4 billion in fiscal 2020, down from $13.85 billion in the previous year.
As fashion brands work hard to win the PR race during the coronavirus crisis, Victoria Beckham has attracted unwelcome headlines for making use of the UK's job retention scheme to pay the wages of furloughed staff.
Following store closures, furloughs and cost management, retailers such as Nordstrom, Sally Beauty and Shoe Carnival, are renegotiating their credit facilities to ensure continued liquidity during the Covid-19 crisis.
Website LoveTheSales.com has carried out artificial intelligence-based analysis of Intagram and its influencers and said white T-shirt dresses accessorised with hats and handbags are top for generating likes.
The French Fashion Union was first set up in 2016 on Facebook as a collaborative support network of young fashion professionals, and has now formally become an association offering a range of services to its members.
The American sports and footwear giant has announced a series of changes in its senior leadership, appointing Heidi O’Neill as president for consumer and marketplace, Andy Campion as COO, and Matthew Friend as CFO.
The footwear and accessories brand has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission ("SEC") relating to a proposed initial public offering of its common stock.